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Rare Quarters That Can Be Found In Circulation And In Your Pocket Change! - YouTube
Channel: TheFunTimesGuide
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Hey! It's Josh with The Fun Times Guide and I want to talk a bit about quarters.
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Quarters are the workhorse coin in
American Commerce. They are the most
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frequently used coins for most cash
transactions, and they are definitely
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among the most popular coins that people ask about here at The Fun Times Guide.
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And I wanted to answer a few of the
questions that I frequently get. One of
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them being, you know, "What is a rare
quarter? Which ones should you be looking for?
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And what are they worth?" Long story
short, you want to keep an eye out for all
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pre-1965 quarters -- because they contain a
90% silver composition, and they're worth
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multiples of face value. At this taping
in late September of 2019, silver is
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worth about $18 an ounce -- so that means that a quarter would have about
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$3.50 to $5 in silver content. (More or less, based on
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exactly where silver is sitting at the
time that you're looking to potentially
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sell a silver quarter to a coin dealer.)
Another question commonly asked is,
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"What rare quarters would you look for in
circulation?" That's a very big question
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to ask -- because it's got a really big
answer to it.
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Generally speaking, most quarters you find in circulation today that are made since
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1965 are not worth anything more than face value. But there are a few that are.
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One of them (or really a couple of them) being the 1982 and 1983 Washington quarters -- both from
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the Philadelphia and Denver Mint. You might wonder, "Why is this coin worth anything more
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than face value? It looks like all the rest of them. It's a fairly recent date.
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It can't be that rare." Well, it's not really
rare in the absolute sense -- but because
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there were no uncirculated sets made in 1982 or 1983, there were not many uncirculated
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quarters that were preserved from the
beginning in mint condition. Making
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matters worse was that during the early
80s when these coins were being struck,
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there was a very severe recession going
on and a lot of folks who had saved rolls
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(or even bags) worth of quarters
really couldn't afford to do so. They were
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trying to pay the mortgage, take care of
the rent, buy loaves of bread.
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You know, make sure they have milk. Make sure they have peanut butter.
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They couldn't afford to save these quarters in uncirculated condition -- so
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a lot of them got spent. So when you find
a lightly circulated 1982 or 1983 quarter,
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kind of like this one, it's worth holding
aside -- because some dealers and many
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collectors will pay a very small premium
over face value for lightly worn 82 or
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83 Washington quarters. Again, both the
Philadelphia and Denver Mint. Normally, you'll
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get between 30 to 40 cents for a lightly
worn 1982 Philadelphia Denver quarter.
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A dollar or two for a lightly worn 1983 Philadelphia quarter. 75 cents or so for an 83 Denver quarter.
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Again, keep an eye out for these and
hold them aside when you find them. A lot
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of folks want to know what this guy here
is worth. It's 1976 Bicentennial quarter.
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As you see here, it's got a dual date of
1776-1976 on the obverse, and on the
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reverse a Colonial drummer boy. This 2-year design made in 1975 and 1976
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commemorates the 200th birthday of
America. It's a coin that is very common.
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I remember as a kid I saw a lot in circulation. You don't find
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them very often anymore. A lot of them
have been pulled out of circulation. So when
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people find one, they think it's a rare
coin and one worth holding aside.
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Unfortunately, because there were so many of these made (about a billion, with a B),
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they're very common -- and they really have no value over face, if in worn condition
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like this example is here. The 2019
America the Beautiful Quarters are very
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common in general, but the West Point
Mint in New York is striking 2 million
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examples of each of the 5 designs
coming out in 2019.
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Those include the Lowell National
Historical Park Quarter like you see
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here, as well as a number of other coins. They include the
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American Memorial Park War in the
Pacific, the San Antonio Missions
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National Historical Park Quarter, and the Frank Church River of No Return Wilderness Quarter.
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Those are with the West Point
Mint (or "W" mintmark) -- they're worth between
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$10 and $15 apiece. Hang on to those. Finally, I get questions
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about coins like this all the time. Now,
it looks a bit different. It's darker. It's
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got some kind of dark toning around the
design elements -- and the lettering, it's
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got a darker overall color. A lot of
folks would think this is a 90% silver
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quarter that somehow... that the planchette maybe was a mistake and was struck with
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regular dies for circulation. And they
think that this is some kind of like
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off-metal error. It's not. You can tell it's
got the copper edge as is characteristic
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for a copper nickel clad quarter. Some
folks who find coins like this either don't
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see that the copper edge is there -- or it may not be evident. And they'll wonder if it
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really is a silver quarter. One really
quick way to determine whether or not
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you've got an error (you know, made of
silver) or a regular clad quarter... is to
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simply weigh it. I've got here a gram scale. This cost me about $15. And
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I can easily find out if this coin is
silver or clad by weighing it.
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A copper nickel clad Washington quarter
weighs about 5.67 grams --
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more or less. This gram scale measures up to the 10th of an ounce (or 10th of a
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gram rather) increment. I'll place the
quarter on the scale and we will see...
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5.8 grams. Oop, it went to 5.7. Hang
on a sec, let's try that again because I slipped the
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quarter off the scale. And we see 5.7
grams -- which of course rounded up from
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5.67 is 5.7.
This is a clad quarter. It never hurts to
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double-check coins that look suspicious
or interesting or maybe unusual -- because
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there are people who've found (discovered) off-metal errors by looking for coins
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that look a little unusual. And they test
them out and they find out that they've
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got a real McCoy error. But as we see
here, this is just a regular clad quarter.
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Despite its kind of silvery appearance
and the darker toning around the design elements,
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this is a normal (dirty albeit, yes) but normal clad quarter.
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So, I know I can't answer every question in this video.
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But I hope that I have addressed some of the more common ones that come my way.
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I definitely appreciate you taking the time to watch this video. And if you have any
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questions about coins that you find
unusual or want to know more about
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please drop me a line here at The Fun
Times Guide in the comments section,
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along with a clear photo or two of the
coin you want to find out more about.
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I'll always be happy to help you out the best I can. In the meantime, Josh with The Fun Times Guide again.
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Thank you for your your time.
I wish you all the best in your coin
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collecting journeys!
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